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Old 02-20-2006, 06:50 AM  
sperbonzo
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Join Date: May 2003
Location: Miami, FL
Posts: 9,748
Quote:
Originally Posted by Validus
CVC is not required anymore to charge a card? That is something new to me. Where did you get that information from?
That is correct. CVV is quite often used for initial authorization in order to pass a gateways fraud screening, but is not mandated for all transactions, and is not used for rebills. The processing gateway is not allowed to store the CVV any more than the merchant is. It is actually up to the acquring bank as to whether or not the CVV is required for all transactions or not.

For example, when you use your card at a gas pump, or ATM, the CVV is not required. It varies from bank to bank, MCC to MCC, and transaction type to transaction type.
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Last edited by sperbonzo; 02-20-2006 at 06:52 AM..
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